Juggernaut Exploration Ltd announced a non brokered private placement to issue 8,500,000 units at an issue price of CAD 0.06 per unit for the gross proceeds of CAD 510,000 on April 8, 2024. Each Unit will consist of one common share plus one warrant to purchase one common share at CAD 0.10 for a thirty-six-month period with no forced conversion. Upon completion of the offering projected to close on or before April 30, 2024, The transaction will include participation from returning investor Crescat Portfolio Management LLC and has agreed to acquire a majority of these units representing a 19.70 % ownership in the Company post financing.

Directors and officers of the company may acquire securities under the placement. The Company may pay finder's fees of the gross proceeds from the financing in cash, and compensation options on units being sold. This non-brokered private placement is subject to TSX Venture Exchange approval.

All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.